Kellanova Board Plans To Increase Dividend From $0.56 To $0.57/Share Beginning In Q3
Portfolio Pulse from Benzinga Newsdesk
The board of Kellanova plans to increase its quarterly dividend from $0.56 to $0.57 per share starting in Q3.
April 26, 2024 | 3:32 pm
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Kellanova's board has announced an increase in its quarterly dividend from $0.56 to $0.57 per share, starting in Q3.
Dividend increases are typically viewed positively by the market as they signal confidence in the company's financial health and future earnings potential. This increase, although modest, may attract income-focused investors and potentially boost Kellanova's stock price in the short term.
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